Staff Accountant

AMERICAN FREEDOM INSURANCE•Mount Prospect, IL

7d•$75,000 - $90,000•Hybrid

About The Position

American Freedom Insurance Company (AFIC) is a midsized, profitable, and expanding nonstandard automobile insurance company doing business in Illinois, Indiana, Pennsylvania, Tennessee, Texas and licensed in Ohio. We are looking for someone that can contribute in a fast paced, growing organization. AFIC is financially strong and has earned an “A+” Superior rating from A.M. Best. The position is hybrid (or full-time in office if preferred) and the office is located in Mount Prospect, Illinois, a suburb of Chicago.

Requirements

Insurance company accounting experience including statutory accounting principles is a plus
BA/BS degree in Accounting preferred
3+ years experience in accounts payable and/or receivable
Experience with QuickBooks a plus
Proficiency in MS Office, especially advanced Excel skills with V-Look Ups and Pivot Tables experience
Strong work ethic and ability to innovate
Responsible and conscientious nature
Exceptional attention to detail
Analytical aptitude
Strong organizational skills
Excellent communication skills to interact with agents and varying levels of management and staff
Team player with ability to work independently after training with little to no supervision

Nice To Haves

Insurance company accounting experience including statutory accounting principles
Experience with QuickBooks

Responsibilities

Responsible for Accounts Receivable and Accounts Payable
Review bank payments for accuracy, including Positive Pay
Lead collection of overdue balances including emailing/calling insurance agents when necessary
Update collections spreadsheet 2x/month
Account for bad debt write-offs
Enter payments into accounting software
Run month-end reports
Reconcile workpapers
Initiate Electronic Funds Transfer of commission payments
Make journal entries for commissions, refunds, fees, chargebacks, etc.
Print and email agency statements and summaries
Reconcile producer payments, bank deposits, refunds and workpapers, including collections
Review invoices to confirm amounts are approved/accurate and prepare and issue weekly expense checks
Ensure financial data complies with professional and regulatory standards
Identify and implement process improvements
Collaborate with other units to gather, analyze, and interpret relevant information
Additional responsibilities as assigned

Benefits

Competitive Salary
401K with up to a 6% company match
Choice of Blue Cross Blue Shield PPO, HMO, or HSA plans
Dental and vision insurance
Access to telemedicine services
Over 12 consecutive years of profitable growth, confirmed by A+ Superior rating by A.M. Best
Monday-Friday, 8 am-5 pm CST
At Least 6 Paid Holidays
PTO that can be used for vacation, personal, or sick time
Separate personal days for sickness, family needs, appointments or personal matters
We celebrate work milestones to show appreciation for your contributions
Paid training
state licensing reimbursement
opportunities for advancement
inclusive holiday events
employee referral bonuses